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Asbury Automotive is closing its remaining Q auto stand-alone used-car stores to redirect investments that will deliver better returns.
Online used-vehicle retailer Carvana is opening up shop in Detroit, its 32nd U.S. market, vowing to relieve consumers of the need to spend time at dealerships.
BMW's venture capital fund poured $38 million in a Silicon Valley online used-car startup focused on younger buyers, the company said Wednesday.
In an Audi commercial from China, a mother-in-law interrupts a wedding ceremony to inspect the bride, checking whether she's up to standard. The scene was used in an ad promoting used Audis.
Kelley Blue Book, in its new ad campaign, is trying to tell customers that it can do more than give them the fair market value for their vehicle.
The National Auto Auction Association's annual survey found 2016 was a record year in units and dollars paid for used-vehicle auctions.
The National Auto Auction Association has tapped Glenn Mercer to study the wholesale auction of the future.
Who wants to buy a used car from a vending machine? Investors will get some answers on Tuesday when Carvana releases its first earnings report since going public.
One auction will soon no longer have vehicles enter its building during auctions.
ACV's expansion to eight additional markets shows that, despite the collapse of Beepi, there are still other startups seeking to find a niche in the remarketing world.
Facebook has the potential to be a major force in used-car sales with a new feature called Marketplace, which eases concerns about dealing with strangers.
An online used-vehicle retailer specializes in an obscure but profitable niche — right-hand-drive Jeep Cherokees from Japan.
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